Major Chinese steel mills' daily steel product output grows in late Jun

Major Chinese steel mills produced around 22.57 million tonnes of finished steel products during the last ten-day period of June, when the daily average output was 2,257,000 tonnes, up by 6.4% from mid-June, according to China Iron & Steel Association (CISA).

By the end of the period, major Chinese steel mills held finished steel products inventory of around 15.45 million tonnes, a decrease of 760,000 tonnes or 4.7% compared with ten days ago.